According to statute, when is the first time-loss payment due?

Prepare for the SAIF Claims Adjuster Exam with flashcards and multiple choice questions. Each question offers hints and explanations to boost your confidence. Ace your exam!

The correct answer is identified as when the first time-loss payment is due, which is 14 days from the employer's knowledge of disability. This aligns with labor compensation statutes that typically require timely payments to injured employees as part of their benefits.

When an employee is injured on the job and becomes unable to work, the employer must be notified of both the injury and the resultant disability. The timeline begins from the moment the employer is made aware that the employee is unable to work due to the injury. By stipulating a 14-day period for the first payment, the statute ensures that employees receive financial support within a reasonable timeframe, which is critical for their wellbeing while they recover.

This provision helps maintain the balance between providing timely assistance to injured workers and allowing employers sufficient time to assess the situation and finalize their response to the claim.

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